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May 26, 2020 at 14:38
National People’s Congress: China to Establish a Blockchain Development Fund
At this year’s annual gathering, the Chinese legislative body proposed the establishment of a fund to support the development of blockchain technology led by the government.
May 26, 2020 at 12:02
Litecoin May Slide Amidst Bear Threat
Litecoin has settled above $42 after a series of downward moves in May when the coin reached the overbought region. The crypto has a major breakdown that plunged it to $39 low.
May 26, 2020 at 11:20
Ripple Faces Further Rejection as Price May Reach $0.175 Low
Since April 29, the bears have overwhelmingly subdued the bulls as buyers failed to break above the downtrend line. The downtrend line shows the resistance levels of the price of Ripple.
May 26, 2020 at 09:34
Goldman Sachs is Hosting a Call to Discuss Bitcoin Among Other Economic Issues
Goldman Sachs, the leading global investment banking management multinational firm, is set to host a client call to discuss Bitcoin, inflation, and gold on Wednesday, May 27, at 10:30 am EST according to a leaked invitation letter shared on twitter.
May 26, 2020 at 08:52
Thai Energy Ministry Сonsidering the Use of Blockchain in Palm Oil Trade
Thailand has been very supportive of the development and application of blockchain technology in recent years. Its Energy Ministry is now launching fresh research to ascertain the use of blockchain technology in its palm oil sector.
May 25, 2020 at 11:33
Bitcoin Breaches Critical Support Level, Vulnerable to Further Break Down
Yesterday, BTC made another surprise drop to $8,700 and the support appears to be holding in the meantime. The gradual downward move has been systematic.
May 25, 2020 at 10:48
Ethereum Risks Losing Significant Support Levels as Sellers Threaten to Short
In the last 48 hours, Ethereum dropped to $201 after the bulls were rejected at the $212 resistance level. For the past week, Ethereum‘s bulls have attempted to break the $215 resistance and push the price above $227 resistance.
May 25, 2020 at 09:55
Digital Currencies Threaten USD Dominance of Global Financial System
It is indisputable, the dollar is considered the “global currency” due to its wide usage in global savings, trading key commodities such as oil and issuance and settlement of debts. This might not be the case anymore with the massive disruptions brought about by digital currencies.
May 25, 2020 at 09:12
Crypto Industry Might Continue to Embrace Online Work Even After COVID-19
The COVID-19 global pandemic has forced teams to work from home regardless of what their roles are, while some companies simply suspended operations. The crypto industry, already popular for remote working, is embracing it, but what lies ahead of us should the pandemic come to an end?
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